Reported about 8 hours ago
Japanese government bond yields reached record highs amid concerns about inflation following President Trump's efforts to oust Federal Reserve Governor Lisa Cook. The 30-year JGB yield climbed back to 3.215%, as U.S. Treasury yields also rose due to expectations of higher inflation. With Japan's debt burden at around 250% of GDP, Finance Minister Katsunobu Kato emphasized the need for careful monitoring and debt management, while analysts cautioned that increasing yields could create challenges in the JGB market.
Source: YAHOO